Ishares Ethereum Trust Etf One Year Return
| ETHA Etf | 27.19 0.41 1.49% |
iShares Ethereum Trust fundamentals help investors to digest information that contributes to IShares Ethereum's financial success or failures. It also enables traders to predict the movement of IShares Etf. The fundamental analysis module provides a way to measure IShares Ethereum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to IShares Ethereum etf.
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iShares Ethereum Trust ETF One Year Return Analysis
IShares Ethereum's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
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Based on the recorded statements, iShares Ethereum Trust has an One Year Return of 0.0%. This indicator is about the same for the average (which is currently at 0.0) family and about the same as Digital Assets (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).
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About IShares Ethereum Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze iShares Ethereum Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of IShares Ethereum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of iShares Ethereum Trust based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether iShares Ethereum Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IShares Ethereum's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ishares Ethereum Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Ishares Ethereum Trust Etf:Check out IShares Ethereum Piotroski F Score and IShares Ethereum Altman Z Score analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of iShares Ethereum Trust is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Ethereum's value that differs from its market value or its book value, called intrinsic value, which is IShares Ethereum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Ethereum's market value can be influenced by many factors that don't directly affect IShares Ethereum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Ethereum's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Ethereum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Ethereum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.